A new meme coin has gone absolutely viral in the crypto sector after selling out its complete presale allocation in under twelve hours from going live.
Mr. Hankey Coin has swept up the headlines as investors rushed to be a part of the next meme coin sensation with the potential for 100x returns through a unique theme.
The newly-birthed South Park theme proved its value after the presale hit its $500,000 hard cap much quicker than anybody ever expected.
The hype and FOMO are evident for $HANKEY, and traders believe the coin has the potential to provide 20x returns when it launches later today.
South Park Mr. Hankey Goes Viral – Sold Out in 12 Hours
Mr. Hankey Coin captured the attention of the entire meme coin community after investors rushed to get positioned in its very limited presale.
The presale for $HANKEY went live on July 13th at 6 PM BST and ended up selling out its entire $500,000 presale allocation in just 12 hours.
Not to dump on anyones parade, but the $Hankey presale is officially sold out!
💩 Congrats to the new sh!theads out there. For the rest, the next stop is network launch!
Stay tuned for info on when we will launch this 📷 #presale #soldout #memecoin #ERC20 pic.twitter.com/Rv1p1NVSRw
— Mr Hankey (@MrHankeythecoin) July 14, 2023
Investors were captivated by the unique theme for Mr. Hankey Coin, which takes inspiration from the beloved South Park character of the same name.
The Christmas deity, who first appeared on the legendary TV show in 1997, has proven to be a hit among meme coin lovers. The Twitter account attracted over 7,500 followers, and its Telegram gained 1,600 members.
Described as the number one shit coin, $HANKEY intends to remove the shine from the meme coin sector and give an entirely new meaning to the term ‘dirty money.’
The character – a literal piece of shit – ironically provides a breath of fresh air in the meme coin market plagued with Pepe copycats and “2.0/3.0” clones over the past few weeks.
The memorable and entertaining theme, with its fun-filled appeal, is helping the project to stand out in the overcrowded meme coin space.
The project has already released a whitepaper – cleverly named a brown paper – so traders can get a taste of what’s about to come.
Low Starting Market Cap Driving Incredible Hype Behind $HANKEY
Another reason investors were eager to get involved in $HANKEY so quickly was its very low starting market cap.
As the presale enforced a $500,000 hard cap, there were limited spots in the presale for traders to get positioned before it sold out.
With 40% of the total supply allocated for the presale, and another 40% allocated for liquidity, the market cap for $HANKEY will start at just $1.25 million.
As a result, the project has enormous upside potential, with the ability to provide over 20x returns for investors.
Putting this into perspective, the project would only need to reach a market cap of $12.5 million to provide 10x returns, a figure easily attained by meme coins that go viral in the market.
The limited availability of the token during the presale is expected to result in increased FOMO that can be sustained during the DEX launch, so traders are getting ready for when it finally hits exchanges next week.
Furthermore, the team has already stated that they will lock the liquidity as soon as the pool launches later today – preventing any fear of a rug-pull in this viral sensation.
Highly Experienced Team Increasing FOMO
In addition to its unique theme and low starting market cap, FOMO is further fuelled by the highly experienced marketing team behind the project.
Rumors are quickly circulating that the team behind $SPONGE, which provided 100x returns for investors after reaching a $60 million market cap, is the driving force behind $HANKEY.
If true, the project has the potential to produce outstanding returns once it hits exchanges in a few days.
Despite who they are, the team behind the project has wild ambitions and wants to make $HANKEY become the fastest-trending and best-performing token of 2023.
They intend to get $HANKEY listed on as many centralized exchanges as possible to provide a smooth trading environment and dominate the market.
Get Ready: Public Launch Incoming With High Liquidity
With the imminent launch on the way, traders are getting ready to invest as soon as $HANKEY launches to take advantage of the wild push higher.
The project is expected to hit trading on Uniswap today between 17:00 – 19:00 CET – with over 40% of the tokens locked in liquidity!
Experts in the industry expect huge things for $HANKEY in the coming weeks due to its incredibly short presale, expertly crafted fair launch, immense hype, and recognition of one of South Park’s most beloved characters.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
